Monthly Archives: May 2019

CERC directs Tata Power arm to get discoms’ consent for Mundra PPA revision

  Central Electricity Regulatory Commission (CERC) has asked Coastal Gujarat Power (CGPL), the Tata Power arm that runs the troubled 4,150-MW Mundra ultra mega power plant, to send its proposal for tariff revision to all the electricity distribution companies (discoms) that procure power from its imported coal-based generating station. The company, on May 17, had [...]

2019-05-30T14:50:32+00:00May 30th, 2019|News|Comments Off on CERC directs Tata Power arm to get discoms’ consent for Mundra PPA revision

Charging points soon at Noida for EVs

  With Noida Authority joining hands with Energy Efficiency Services Limited (EESL) to push for electric vehicle infrastructure, public electric vehicle charging stationswill be soon installed at several locations across the city. The Noida Authority is in process of signing an MoU with EESL to set up EV charging stations. Initially, one charging station will [...]

2019-05-30T14:47:41+00:00May 30th, 2019|News|Comments Off on Charging points soon at Noida for EVs

Adani Green to raise $500 million from offshore investors

The company completed global roadshows last week in US, European and Asian countries to raise money for growth and refinancing MUMBAI: Adani Green Energy, the renewable power arm of Gautam Adani-controlled Adani Enterprises, is set to raise $500 million through an overseas bond sale, three people with the direct knowledge of the matter, said. The company completed global [...]

2019-05-30T03:09:17+00:00May 30th, 2019|News|Comments Off on Adani Green to raise $500 million from offshore investors

Time To Replace LPG? This Gujarat Man’s Solar Stove Lowers Cooking Costs by 80%

After extensive research about the biggest issues that affected global climate change, he settled to work on alternatives to clean cooking energy. Dhaval Thakkar grew up in a lower-middle-class home in Deesa, Banaskantha which is located in the northern part of Gujarat. While he was an average student, he would find joys in smaller things, [...]

2019-05-30T01:42:36+00:00May 30th, 2019|News|Comments Off on Time To Replace LPG? This Gujarat Man’s Solar Stove Lowers Cooking Costs by 80%

India becomes lowest-cost producer of solar power

Further, the costs of setting up solar PV projects were found to have dropped at the fastest pace – 80 percent – in India between 2010 and 2018. New Delhi: India has finally bagged the tag of the lowest cost producer of solar power globally. The country-wise average for the total installed costs of utility-scale solar PV in 2018 [...]

2019-05-30T01:33:44+00:00May 30th, 2019|News|Comments Off on India becomes lowest-cost producer of solar power

ReNew Power to raise $350 million in bonds

    ReNew Power Ventures, a renewable independent power producer, plans to raise $350 million in dollar-denominated bonds to refinance its existing debt. The company is currently conducting roadshows in Europe, people close to the development told FE. The company has a total debt of Rs 23,845 crore as on March 31, 2018, at consolidated [...]

2019-05-29T10:38:02+00:00May 29th, 2019|News|Comments Off on ReNew Power to raise $350 million in bonds

City solar man becomes India’s innovation champ

His ultimate goal is to make India pollution-free by harnessing clean energy. Kolkata: Solar man and Green Oscar awardee SP Gon Chaudhuri have received the prestigious Mission Innovation Champion Award of India for his contribution in providing energy to rural India. The award was given to him and 18 others from different countries, including France, Germany, the Netherlands, Italy, Norway, [...]

2019-05-29T03:23:38+00:00May 29th, 2019|News|Comments Off on City solar man becomes India’s innovation champ

Chandigarh: City traders demand 30% subsidy for going solar

The Chandigarh Beopar Mandal (CBM) on Monday demanded a 30% subsidy for commercial buildings, too. At the moment, if a person opts for solar energy for his house, he is entitled to a 30% subsidy. Chandigarh: The Chandigarh Beopar Mandal (CBM) on Monday demanded a 30% subsidy for commercial buildings, too. At the moment, if a person [...]

2019-05-29T03:00:54+00:00May 29th, 2019|News|Comments Off on Chandigarh: City traders demand 30% subsidy for going solar

FY20 electricity generation seen rising 5-6%

  Electricity generation in India is expected to grow by 5-6% in FY20, analysts at CARE Ratings said. The country had generated 1,307 billion units (BU) of electricity in FY19, recording an annual growth of 5.3%. “We expect the benefits of improved demand from newly connected households (under the Saubhagya scheme) to kick-in during FY20,” [...]

2019-05-28T11:15:53+00:00May 28th, 2019|News|Comments Off on FY20 electricity generation seen rising 5-6%

Power dept not doing enough to cope with growing demand: JERC

  The Joint Electricity Regulatory Commission (JERC) has directed the state electricity department to increase its efforts towards augmenting and maintaining infrastructure to meet growing demand and to avoid any kind of supply constraints to consumers. It has also directed the department to upload area-wise interruption details on its website. The commission issued this direction [...]

2019-05-28T11:13:31+00:00May 28th, 2019|News|Comments Off on Power dept not doing enough to cope with growing demand: JERC
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